A System of Practical Arithmetic

A System of Practical Arithmetic

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1833 edition. Excerpt: ...subtracting the loss. (24) By selling goods at 5. per cent, profit, I gained 44.. 16. What did I pay for them? (25) Lost 3i.. 18. on a quantity of yarn at 4. per cent. What was it bought and sold for? (26) Sold 342 cwt. of madder at 3. per cent, profit, and gained 53.. 14. What was it bought and sold at per cwt.? (27) Bought yarn at 5. 8d. and by selling it again at 4. per cent profit, I gained 29.. 18. What quantity did 1 sell? (28) Sold tea at 7. 8d. which was 6. per cent, profit, and gained 33..6..8. What quantity did I sell? (29) By selling 386 gallons of rum at 3. per cent, loss, I lost altogether 19.. 18..6. What was the gallon bought and sold at? PARTNERSHIP. Case 1. To divide the profits and losses of merchants in Company in proportion to the shares of the capital, or stock; or to divide the effects of a bankrupt's, or testator's estate, according to the amount of assets; or to divide a number into parts, having the same proportion as certain other numbers. Rule. As the whole stock is to each particular stock, partners or proportions, so is the whole gain or loss to the respective shares of it. Or, as the sum of the numbers is to each particular number, so is the number to be divided to the required parts. (1) Divide the number 120 into three parts, which shall be as 3, 4, 5. (2) A and B join in trade; A's capital is 300. and Ii's 700.; they cleared l60. in trade. Required each person's share. (.3) P, Q, R continued in trade one year, with a stock of 1200.;.Ps share of the gain was 40.; Q's 64.; K's 56. Required their stocks. (4) B, C, and D join in trade, with a capital of 1294. and in proportion as 4, 6 and 8 are to one...show more

Product details

  • Paperback | 54 pages
  • 189 x 246 x 3mm | 113g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236618696
  • 9781236618696